BY GBENGA OLARINOYE
OSOGBO—A Leader of the Action Congress of Nigeria, ACN, in Osun State, Mr Opeyemi Adepoju has tasked the Economic and Financial Crimes Commission, EFCC, to extend its investigation of the N10 billion fraud levelled against the former Speaker of the House of Representatives, Mr. Dimeji Bankole to an old generation bank, which reportedly gave the loan to the former speaker to ensure fairness and transparency.

He argued the bank erred by giving such loan to the Speaker of the House without receiving an approval from the House , saying the management of the bank should also be investigated as its action contravened the directives of the Central Bank of Nigeria, CBN.

Adepoju stressed that it was wrong for the bank to have released such a huge amount of money as loan to the Speaker without evidence to show that the House approved it.

According to him, the UBA failed to follow due process in its financial dealings with the house, stressing that “should the bank had done the right thing at the time the loan was being processed, the fraud allegedly perpetrated by the former speaker might not have occurred, because there would have been proper checks and balances in the whole process.”

Adepoju who spoke  with Vanguard in Osogbo, called for the immediate probe of the management of the bank by the anti graft agency and other agencies of government regulating financial activities in the country.